Share percentage 35.00%, full price £500,000, £8,750 Deposit
Monthly Cost: £1,749
Rent £745,
Service charge £53,
Mortgage £951*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
- You live or work in West Berkshire - West Berkshire District
Summary
Don't miss out on our first homes at Herons Lake. Semi-detached town house, with dormer window and ensuite to master bedroom!
Description
Featuring a modern, open-plan living area. The kitchen is fitted with an oven, hob and hood. On this floor, you'll also find a WC.
Upstairs, there are two comfortable bedrooms. The bathroom has a modern, white suite. On the top floor, is the spacious master bedroom, including a dormer window and ensuite.
You'll also have your own back garden, and three parking spaces.
Please note a local area connection to West Berkshire is required. This could mean living or working in the area.
Key Features
- Open-plan living area
- Fitted kitchen with oven, hob and hood
- White bathroom suites
- Turfed back garden
- Three parking spaces
- Service charge is reviewed once a year
- Reservation fee: £500
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Floor PlanMap
Material Information
Total rooms:
Furnished: Unfurnished
Washing Machine: No
Dishwasher: No
Fridge/Freezer: No
Parking: Yes - Allocated
Outside Space/Garden: Yes - Private Garden
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 10%, full price £500,000, £2,500 Min Deposit. Calculated using a representative rate of 4.78%
